In the outside markets, the NYMEX crude oil is $0.82 per barrel higher, the dollar is lower and the Dow Jones Industrials are 35 points lower.

Mike

-----------

At mid-session;

At mid-session, the March futures corn contract is trading 4 cents higher at $7.25. The Jan. soybean futures contract is trading 17 cents higher at $14.93. March wheat futures are trading 7 cents higher at $8.15 per bushel. The Jan. soyoil futures contract is trading $0.85higher at $50.32. The Jan. soymeal futures contract is trading $2.50 per short tonhigher at $457.80.

In the outside markets, the NYMEX crude oil is $0.67 per barrel higher, the dollar is lower and the Dow Jones Industrials are 8 points higher.

One analyst says, "Corn and wheat are trading higher on profit taking by short held positions after Thursdays low was the accumulation of a 75 cent sell off from last weeks high on wheat and 50 cents on corn . its Friday and tradrers are cutting risk not wanting to leave profits on the table over the weekend not knowing what overseas markets will do. Beans are firmer on follow thru from Thursdays bullish weekly export sales report that put the December exports of beans equal to all of November."

Mike

---------

At the open:

At the open, the March futures corn contract is trading 2 cents higher at $7.23. The Jan. soybean futures contract is trading 15 cents higher at $14.92. March wheat futures are trading 4cents higher at $8.12per bushel. The Jan. soyoil futures contract is trading $0.60 higher at $49.60. The Jan. soymeal futures contract is trading $4.10 per short tonhigher at $459.40.

In the outside markets, the NYMEX crude oil is $0.37 per barrel higher, the dollar is lower and the Dow Jones Industrials are 53points higher.

Mike

---------

At 7:30am:

The National Oilseed Processors Association (NOPA) released its monthly soybean crush report Friday:

NOPA November crush rate of 157.30 million bushels is on the low end of the trade's expectations of 157-158 million bushels. However, this is just below the 2009 record of 160 million bushels. So, you can see why folks are nervous that the U.S. is chewing through soybean supplies too quickly. We are exporting and crushing at record levels. Overall, the news is bullish for today's market.